Current Report Filing (8-k)
03 December 2014 - 5:34AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT PURSUANT TO
SECTION
13 OF 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): November 25, 2014
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JAMESON
STANFORD RESOURCES CORPORATION |
(Exact
name of registrant as specified in its charter) |
Nevada |
|
000-54405 |
|
90-0969619 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
605
W. Knox Rd, #202, Tempe, AZ |
|
85284 |
(Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (702) 933-0808
Not
applicable. |
(Former
name or former address, if changed since last report) |
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item
3.02. Unregistered Sales of Equity Securities.
On
November 25, 2014, the Board of Directors (the “Board”) of Jameson Stanford Resources Corporation (the “Company”)
authorized the issuance of shares of Company common stock in settlement of all accrued but unpaid compensation to certain persons
for services rendered to the Company, including in connection with the reorganization of the Company commencing in 2014. The Company
issued shares of Company common stock to the following persons in the amounts reflected below on November 25, 2014:
Recipient |
|
Number
of Shares |
Joseph
Marchal |
|
750,000 |
Summit
Capital USA, Inc. |
|
1,250,000 |
Edward
Brogan |
|
150,000 |
Donna
S. Moore |
|
100,000 |
Douglas
MacLellan |
|
75,000 |
The
securities issuances discussed above were exempt from registration under the Securities Act of 1933, as amended (the “Securities
Act”), in reliance on an exemption provided by Section 4(a)(2) of the Securities Act and/or Regulation D promulgated thereunder
because, among other things, the transactions did not involve a public offering and the purchasers acquired the securities for
investment and not resale.
Item
5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
As
discussed in Item 3.02 above, on November 25, 2014, the Board authorized the issuance of 750,000 shares of Company common stock
in settlement of all accrued but unpaid compensation to Mr. Marchal, the Company’s President and Chief Executive Officer
and a member of the Company’s board, in the aggregate amount of $37,500 for director and officer services rendered by Mr.
Marchal to the Company for the period commencing in 2013 and continuing through December 31, 2014, including all reorganization
and operational efforts from and after April 2014 through December 31, 2014. Also on November 25, 2014, the Board authorized the
issuance of 100,000 shares of Company common stock in settlement of all accrued but unpaid compensation to Ms. Moore, the Company’s
Interim Chief Financial Officer, Treasurer and Secretary, in the aggregate amount of $5,000 for officer services rendered by Ms.
Moore to the Company during 2014 and non-officer services rendered by Ms. Moore to the Company between 2012 and 2014.
Item
8.01. Other Events.
Effective
July 29, 2014, Mr. Marchal was appointed as the Company’s Chief Executive Officer. Mr. Marchal continues to serve
as the Company’s President.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
|
JAMESON
STANFORD RESOURCES CORPORATION. |
|
|
|
Date:
December 2, 2014 |
By: |
/s/
Donna S. Moore |
|
|
Donna
S. Moore, Interim Chief Financial Officer |
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